China’s Ministry of Transport has fined 14 international container shipping companies because they either failed to report…
Tag: Carriers
Carriers set sail on long road to recovery
The container shipping trade will mark positive growth numbers alongside most months of 2017, however, as…
Drewry: Carriers could see higher 2017 contract rates
The recent rally in Asia to Europe spot market rates has improved carriers’ chances of securing…
Drewry: Carriers face $5bn annual loss
Container lines are enduring a “severe revenue contraction”, said Drewry, after the first six-month turnover figures…
Pressure mounts on carriers to cut costs
As the container industry revenues are contracting faster than carriers can cut costs, the shipping consultancy…
Carriers talking new alliance proposal with US authorities
The latest market rumors on the formation of a new global carrier alliance seem to be true as…